Better AI Stock: Nvidia vs. Baidu
Nvidia (NASDAQ: NVDA) and Baidu (NASDAQ: BIDU) represent two different ways to invest in the growing artificial intelligence (AI) market. Nvidia is the world's largest producer of high-end data center graphics processing units (GPUs) for undertaking AI tasks. Baidu, which owns China's largest search engine, has also established a foothold in the market with its cloud-based AI services, ERNIE chatbot, and Apollo platform for driverless vehicles.
But over the past 12 months, Nvidia's stock more than tripled as Baidu's stock rallied less than 30%. Let's see why the chipmaker outperformed the Chinese tech giant by such a wide margin -- and whether it's still the better buy.
Image source: Getty Images.
Source Fool.com
Baidu Inc. A ADR Stock
€104.20
7.120%
With 34 Buy predictions and not a single Sell prediction Baidu Inc. A ADR is an absolute favorite of our community.
With a target price of 168 € there is a hugely positive potential of 61.23% for Baidu Inc. A ADR compared to the current price of 104.2 €.
